What was the main purpose of this 8-K filing?

The main purpose of this 8-K filing was to inform investors that PMI's CFO was presenting at the Consumer Analyst Group of New York conference and to make the key highlights of that presentation, as detailed in an accompanying press release, available to investors.

Where can I find the details of the CFO's presentation?

The detailed information regarding the CFO's presentation is located in the press release furnished as Exhibit 99.1 to this 8-K filing. Investors should refer to that document for specific highlights and insights.

How does PMI define 'Adjusted diluted EPS' and why do they use it?

PMI defines 'Adjusted diluted EPS' as reported diluted EPS adjusted for asset impairment and exit costs, discrete tax items, and unusual items. They use this non-GAAP measure to represent core earnings, improve comparability between periods, and help investors analyze business performance and trends.

Is 'Adjusted diluted EPS' a reliable measure for comparing PMI to other companies?

While PMI believes Adjusted diluted EPS improves comparability and helps analyze performance, investors should use it with caution. It is a non-GAAP measure and should not be considered in isolation or as a substitute for reported diluted EPS prepared in accordance with U.S. GAAP. Direct comparisons may also be limited by differences in how other companies define their non-GAAP measures.

PM 8-K SEC Disclosure — Feb 20, 2013

Summary

Philip Morris International Inc. (PMI) filed an 8-K on February 20, 2013, to announce that its Chief Financial Officer, Jacek Olczak, would be presenting at the Consumer Analyst Group of New York conference. The primary purpose of this filing is to provide investors with access to the key highlights of this presentation, which were detailed in an accompanying press release furnished as Exhibit 99.1. This event offered PMI an opportunity to communicate its strategic direction and financial performance updates directly to the investment community. While the 8-K itself does not contain detailed financial results, it directs investors to the press release for specific insights. Notably, the filing also clarifies PMI's use of "Adjusted diluted EPS," a non-GAAP measure. The company defines this metric as reported diluted EPS adjusted for asset impairment and exit costs, discrete tax items, and unusual items, asserting its utility for representing core earnings and improving comparability for investors. However, PMI cautions that Adjusted diluted EPS should not be used in isolation and is not a substitute for GAAP-reported EPS.

Key Highlights

1Philip Morris International (PMI) CFO Jacek Olczak presented at the Consumer Analyst Group of New York conference on February 20, 2013.
2The 8-K filing primarily serves to incorporate by reference a press release containing key presentation highlights.
3The press release, filed as Exhibit 99.1, is the main source for detailed information from the CFO's presentation.
4PMI defined and discussed its use of 'Adjusted diluted EPS,' a non-GAAP financial measure.
5Adjusted diluted EPS is presented to represent core earnings and improve comparability, excluding specific items.
6The company emphasized that Adjusted diluted EPS is a supplementary measure and not a replacement for GAAP-reported EPS.
7Information presented at the conference is not automatically incorporated into future SEC filings unless explicitly stated.

Philip Morris International Inc. 8-K Report, Corporate Update (Feb 20, 2013)

Summary

Key Highlights

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